Express News | Alibaba: On November 5th, spent approximately $19.9886 million to repurchase 1.6072 million shares.
Alibaba-W(09988.HK): AI initiates new growth of Alibaba Cloud (Alibaba's in-depth analysis III and GENAI series report 39)
The downturn in domestic internet cloud business has passed, with AI and going global as new drivers. As the consumer internet user dividend ends, and macroeconomic impact on enterprise IT spending, the growth rate of the domestic public cloud market in 2021-2023 has slowed significantly; with alibaba as the
Overseas issuance of UnionPay cards fully supports binding WeChat Pay and Alipay.
CCTV News reported that China UnionPay International announced that overseas issued UnionPay cards now fully support binding with Alipay. At the same time, with the support of ICBC (01398.HK), WeChat Pay can also be linked to overseas issued UnionPay cards. Currently, there are over 0.25 billion UnionPay cards issued in 83 countries and regions outside China, and these UnionPay cards can be used cross-border in 183 countries and regions.
alibaba-SW (09988.HK) spent 19.989 million US dollars to buy back 1.607 million shares on November 5.
Gelonghui, November 6th | alibaba-SW (09988.HK) announced that on November 5th, it spent $19.989 million to repurchase 1.607 million shares.
Express News | RPT-Li Auto Drops 5.1%, JD.com Down 3.6%, NIO off 4%, Xpeng Down 5%
Express News | RPT-Ishares China Large Cap ETF Down 2.3%, Kraneshares CSI China Internet ETF Down 2.4%